MongoDB (MDB) shares surge after topping analyst expectations
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
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- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
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- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
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- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
MongoDB (MDB) PT Lowered to $225 at Needham & Company
December 7, 2022 6:43 AM ESTNeedham & Company analyst Mike Cikos lowered the price target on MongoDB (NASDAQ: MDB) to $225.00 (from $330.00) while maintaining a Buy rating following earnings.
The analyst commented, "MongoDB delivered a solid quarter, materially outperforming estimates and investor sentiment into the print. Management's tone also... More
MongoDB (MDB) Tops Q2 EPS by 40c; Guides Higher
December 6, 2022 4:09 PM ESTMongoDB (NASDAQ: MDB) reported Q2 EPS of $0.23, $0.40 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $333.6 million versus the consensus estimate of $305.09 million.
GUIDANCE:
MongoDB sees Q3 2023 EPS of $0.06-$0.08. MongoDB sees Q3 2023 revenue of $334-337... More
MongoDB (MDB) PT Lowered to $205 at Baird
December 5, 2022 6:56 AM ESTBaird analyst William Power lowered the price target on MongoDB (NASDAQ: MDB) to $205.00 (from $330.00) while maintaining a Outperform rating.... More